BUSINESS OF CREATING MEMORIES
How the Hammon dynasty succeeds
By Keiasha Naidoo
AS Australia’s most visited “privately-owned” tourist attraction, the Scenic World in the Blue Mountains is also one of the country’s longest-running family-owned businesses, being owned and operated by the same family since it was established 70 years ago.
MINDSET OF FBs
Exploring the personality balancing act
PERSONALITIES are like snowflakes: each one absolutely unique.
GENERATIONAL SUCCESS
Burton boys carry on tradition
FORTY two years after starting his business, John Burton still likes to come into the Homebush office to keep an eye on things.
ABOUT MONEY
Financial stewardship for the next generation
YOU’VE worked hard to make a success of your family business and to build your family’s wealth. Not only have you done it to make your life easier, but to make the lives of your children and grandchildren easier, too.
IMPERATIVES and PLANNING
THE issues that determine FB prosperity
THIS month we resume our conversation with Leanne Hegarty, Partner is KPMG’s Private Enterprise Division, about the issues that most family businesses deal with on their road to success.
Legal considerations with your FB
Seek advice at the start
By Tony Hercok
THERE are a number of legal considerations when starting a business. Many challenges faced by business owners could have been avoided had proper advice been sought from the beginning.
MEETING OBLIGATIONS
Managing working capital in your FB
WORKING capital can be defined as the difference between your family business current assets and current liabilities.